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5601 Freedom BoulevardAptos, CA 95003

For Sale

$5,999,000

Smart Buyer Rebate $59,990

Unique Investment & Landmark Property. Own a piece of California unlike any other. Home to Bamboo Giant Nursery, this 30+ acre estate features the largest public bamboo grove in the U.S., along with redwoods, hiking paths, sunny clearings, and a koi pond with a self-sustaining waterfall. The property includes 17 rental units generating steady income: two homes (1,856 sq. ft. and 1,066 sq. ft.), plus a commercial/art studio building with 8 creative bays (2,390 sq. ft.). All units are fully tenant-occupied, providing a significant monthly rent roll. Beyond its current use, the land offers future development potential, with ~15 acres possibly subdividable into three estate lots offering sweeping canyon views (buyer to verify). The natural beauty has also made this property a sought-after venue for weddings, fairs, and tours. A rare opportunity to combine income, development, and natural splendor in one remarkable property. Please do not disturb tenants or nursery employees. Shown by appointment only.

Listed by Nicole Myhrstad

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License #02052054

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Bailey Properties

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831-818-0639

Last updated September 05, 2025

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Source: MLSListings #ML82014444

Listing Facts

  • TypeMulti-family
  • NeighborhoodAptos Hills-Larkin Valley
  • Days on Prevu18
  • Taxes$12,650/year
  • Size5,312 sqft
  • Price per sqft$1,129

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

08/24/2025
Listed by Bailey Properties
$5,999,000

Property Details for 5601 Freedom Boulevard

Exterior

Construction

  • Roof: Composition
  • Year Built: 1959
  • Year Built Details: 2
  • Architectural Style: Other, Spanish

Features

  • View: Orchard, Panoramic, Pasture, Ridge

Measurements

  • Building Area Total: 5,312
  • Lot Features: Agricultural Use, Grade - Sloped Down, Grade - Varies, Other, Paved, Pond On Site, Possible Lot Split, Views
  • Lot Size Acres: 30.29
  • Lot Size Area: 1,319,432
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,319,432
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.36
  • Gross Income: $391,400.00
  • Operating Expense Includes: Water/Sewer

Taxes

  • Parcel Number: 108-011-14-000
  • Tax Annual Amount: $12,650.00

Interior

Features

  • Flooring: Carpet, Hardwood, Tile

Measurements

  • Living Area: 5,312

Parking

Parking

  • Carport: Yes
  • Parking Features: Common Parking Area, Electric Gate, No Garage, Parking Area, Room For Oversized Vehicle
  • Parking Total: 20

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Heating: Forced Air
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.